THEY PAY LESS.
YOU PICK UP THE TAB.
This isn’t taxpayer protection.
It’s a tax break for wealthy interests.
THE LOCAL TAXPAYER DECEPTION ACT:
WHAT IT ACTUALLY DOES
The Local Taxpayer Deception Act wasn’t written for you. It was bankrolled by corporate real estate interests who spent millions to put this measure on the ballot. If it passes: they pay less on high-value property sales – and you pick up the tab in cuts to education, fire protection, homeless services, and community programs your family depends on. They win. You lose.
Attacks Voters' Rights
The Taxpayer Deception Act takes away the rights of local voters by making it harder for communities to pass the revenue measures they need — and retroactively overturns tax measures California voters already approved at the ballot box.
Cuts Billions from Local Services
According to California’s independent Legislative Analyst’s Office, local governments would lose up to 2-3 billion dollars a year if this measure passes . . This measure will force deep cuts to local public services — including police and fire departments, schools, childcare programs, homelessness prevention, parks, and libraries.
Allows Big Real Estate to Avoid their Fair share
This measure doesn’t cut taxes for most Californians. Corporate real estate interests spent millions to put this on the ballot to cut their own real estate transfer taxes. We can’t afford to let them pay less while we take more cuts to our schools, childcare, and public safety. That’s a tax giveaway — and working families and small businesses are left holding the bill.
Makes California’s Affordability Crisis Worse
California families are already stretched to the breaking point — squeezed by rising rents, skyrocketing costs of living and prices at the pump, and a housing crisis with no end in sight. The Taxpayer Deception Act makes every one of these problems worse for us and harder for local governments to solve. It cuts billions in funding for affordable housing programs, homelessness solutions, and the local services we all depend on especially when we’re struggling — just to give a few wealthy real estate corporations a tax cut. If you think things are bad now, wait until that money goes away.